This is a unit located in 805/PS641030 South Yarra VIC. Estimated value at this time is $365,000. Built in 2013, featuring 1 bedroom, 1 bathroom.
7.5% YIELD!! Boasting an impressive gross rental income of $2,014.67 Per Month which is secured till the 1st of February 2020 and the perpetuating option to continuously renew after each lease.If peace of mind doesn't stop at the remarkable yield you can be comforted by the professional and efficient operation of the Oak's Hotel running the room and the building on a daily basis.The position puts you next to South Yarra station which is a pre-requisite for all investors and residents alike. Chapel Street Shops and restaurants are not far away with the added bonus of being in walking distance to the Botanic Gardens and Fawkner Park.With Westerly views towards the city and South Yarra both you and your guests will be blown away. The room is complete with Miele appliances in the kitchen and modern finishes throughout.